The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-12


light demand; middling uplands i1-t6d, mid
ding Orleans sgd; sales 1000 bales. for specu-
lation and export 1000 bales; receipts 6,0o0bales
American 4,S00.
Futures-Uplands low middling clause, May
delivery sod, May and June 542-64d, June
and July 41,64@D5 4s44d, July and August
a. 46-64d, September and October 8 $500
3S64d, October and November 29-64d, Novem-
Der and December 27-6ld, September $3.50
4I-64d. Market firm at the advance.
The tenders of deliveries at to-day's clearings
amounted to l 400 bales new docket and 800 old
docket.
2p m.-The sales to-day were $500 bales of
American.
Futures-Upands, low middling clause. May
delivery sod, buyers; May and June 43-64d,
buyers; June and July 5 44-64d, sellers; July
and August 5 45-64d, buyers; August and Sep
TENDER 3 47-64d, sellers; September and October
30-64d, sellers; October and November 3064d,
sellers; November and December 2s-64d sell
ers; September 4S64d, value. Market steady,
clause, May deiiver 4l64d Sellers igS May and
June 44-64d, buyers; June and July Hold,
buyers; July and August 46-6id, sellers; Au-
gust and September 47-64d, sellers; September
and October 39-6id, sellers; October and No
vember 30-64d, sellers; November and Deem
Der, 2S-6ld, sellers; September 4S-64d, buyers.
Futures closed duh.
MANCHESTER, May 1.-THE Guardian SAYS:
Markets in less favorably situated sections
have given away in varying degree without in
creasing business. Even in the strongest sec
tons sellers are beginning to feel the effect of
the prolonged depression in the shape of greatly
narrowed demand. Lack of business is very
keenly felt in some directions. The production
is undoubtedly quietly falling off in a few dis
tricts. There will probably be a further de-
crease in production, unless an unlocked for re-
vival ensues There are few orders from India
merchants, and fewer still are feasible There
is little more business for China, chiefly in best
shirtings Few orders were placed for smaller
foreign markets. but business often showed
decided falling Off Yarns are inactive. Cloth
is III moderate inquiry, but at prices which, in
many cases. are infeasible Manufacturers
show an increasing desire to sell Some are
glad to get prices refused last week, which are
now frequently impossible toget India staples
are neglected
New YoRK, MAY II, noon.-Cotton opened
firm; middling uplands 107Sc middling Orleans
II Lice: sales 297 bales.
FutureS-Market steady, with sales as follows
May delivery 10 re. June 10 Sic July 10 soc,
August 10 Sc. September 10 45c October g6c.
500 p. m.-Market closed firm; middling up
lands 10Sc, middling Orleans IL 1-16c; sales TO-
day 80 bales; net receipts - bales, gross 1885
bales.
Futures-Marfet closed quiet and steady. with
sales of $4,000 bales, as follows: May delivery
10 72010 74c, June 10 7G@10 Soc, July 10 $50
10 79c, August 10 S0010 Sic, September 10 $50
10 44c October 8 $500 94c, November S1@9 SEC,
December S0gO Sic, January S5@9 SEC, Feb
ruary 92G99 &c
Green & Co.'S report on cotton futures says:
Fuller business and sharp sllirmishng has
broken the lame tone somewhat today Large
buying orders came in early, especially for June,
and as they began to develop the demand was
increased by some free coverings and the cost
of the old crop went up 9l12 points almost
without check. This seemed to bring matters
up TO the waiting limit of some operators and
drew out heavy offerings. under which there
was shrinllage of 701S points and made final
net gain Of only about 30D4 points, though the
close was probably trihe steady. In fact, the
market took UP the supply very well"
GALVESTON, May 11.-Cotton firm; middling
10}sc; net receipts l bales, gross 4; sales
none stock fO,815 bales.
NORFOLK, May 11.--Cotton steady; middling
1850; net receipts 80 bales gross 80; sales -
bales; stock 1854 bales; exports, coastwise 1872
bales.
BALTIMORE, May 11.-Cotton firm; middling
lie; net receipts 200 bales, gross 300; sales
coastwise $50 bales
BosroN, May 11.-Cotton steady; middling
lie; net receipts 1856 bales, gross 697; sales
none; stock none; exports, to Great Britain 4
bales.
WILMINGTON, May 11.-Cotton firm; mid
ding 1880; net receipts 81 bales gross 34 sales
none; stock 2, 10? bales.
PHILADELPHIA, May 1f-Cotton quiet; mid
ding lie; net receipts 1,721 bales, gross 1,127;
stock q 1853 bales.
New ORLEANS, May 1t.-Cotton firm; middling
1Otsc; net receipts 578 bales, gross 7Ss sales 800
bales; stock 1861 bales; exports, to Great
Britain 2 AS bales, coastwise 1,116 bales
MOBILE, May 11.-Cotton firm; middling
1880; net receipts bales, gross /; sales none;
MEMPHIS, May 11.-Cotton firm; middling
101~c; receipts 1874 bales; shipments 1888 bales;
sales 200 bales; stock 1860 bales; sales to spin
nerS 2,015 bales.
AUGUSTA, lIay 11.-Cotton firm; middling
10$Sc; receipts IL bales; sales 1902 bales.
CHARLESTON, May 11.-Cotton quiet; middling
10l6c; net receipts 143 bales, gross 149; sales
10 bales; stock l,2SS bales; exports, coastwise
ATLANTA, May 11.-Cotton - middling 100
10Mc; receipts bales.
NEW YoRK, May 11.-Consolidated net re-
ceipts for all cotton ports to-day 352 bales; ex
ports, to Great Britain 2, 491 bales, to the CON
tinent 1885, stock at all American ports 1916, 800
bales.
PROVISIONS, GROCERIES, ETC.
LIVERPOOL. May II, noon.-Wheat firm, with
fair demand: holders offer sparingly; red west
ern spring Is 2dG17s i'd. Corn firm, with fair
demand. Beef, extra India mess 62s Sd Lard,
prime western 35s.
NEW YORK, May IL, noon.-Fiour quiet but
firm. Wheat better. Corn higher. Pork
firm mess ST.. Lard steady at 81 is. Frcights
steady. Old mess pork S15 b0@f6 90.
Wheat Ma 11sc higher, closing weak, with re-
action Of la sc; speculation brisk; No. 2 red,
May delivery 963sc, June IS 15-1609634c, July
S5 gS Corn about &c higher and f steady;
495S6D401c. Oats steady; No. ?, 34c; No. 2,
May delivery 841Bc, June $4K@.843sc; July 343s
GD$is4c. Hops steady; stare 10000. Coffee,
higher; May delivery 10 45016 Coo, June IS 500
1G zoe, July 1G G5@1G SIC. Sugar quiet refined
steady. Molasses steady. Cotton seed oil-33lI
N33c for crude 3SL5l39c for refined. Hides
steady. Wool quiet but steady Pork quiet
but firm; mess SIS 5001l5 s. for old, $17 for
new Beef steady. Middles dull and nominal.
Lard 800 points lower and dull; Western steam,
on spot 81 12l6 June delivery 81 l2I4, July
81 20. Freights steady:
CHICAGO May l1.-All the conditions this
morning seemed to favor the bull side of the
market. Besides cables there was a report of
drought in the West and Northwest, and the
effect OF yesterdays government crop report,
which showed material decline in the condition
of the crop, had not yet worn away. June
opened at $3.50 and advanced until it reached
began selling wheat, and June dropped back to
8J55c. In less than an hour after the opening
the clique had again successfully MIXED the
crowd and marketed lot Of wheat. which cost
them SOC on Monday, at S63sc down TO SEC at
which point they stopped selling. After prices
got down to Soc for june il remained quiet, and
comparatively little trading was done. Corn
cautious, and inclined to cover June was held
steady at 40L4c, the opening price, all the time
wheat was going down, and there were numer
GUS ulyers at chat figure. June ribs were weak
early, went down from 81 52l@ to 81 IS, but
later recovered and advanced to 81 10. Lard
was dull and auiet
The following were the cash quotations:
Flour quiet but firm and unchanged Wheat,
No spring Si3s4 SilIc, No. = red SIC. Corn,
No 2. S]l&c. Oats. No. 2, 274c. Mess pork
49,. Lard SO IS. Short rib sides, loose, 81 300
Z s. Dry salUed shoulders, boxed, s. 65dl5 10;
short clear sides, boxed, 81 1907 50. Whisky
Leading futures ranged as follows:
Opening Highest. Closing.